Launch Credit Union
| Weiss Ratings |
Launch Credit Union
Merritt Island, FL |
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| Rating | ||||
| Asset Quality Index | 9.60 | |||
| Capitalization Index | 6.20 | |||
| Liquidity Index | 3.60 | |||
| Profitability Index | 1.20 | |||
| Stability Index | 5.60 | |||
| Company Info |
Launch Credit Union
Merritt Island, FL |
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| NCUA Charter Number | 2958 | |||
| Phone Number | (321) 455-9400 | |||
| Website | www.launchcu.com | |||
| Asset Quality |
Launch Credit Union
Merritt Island, FL |
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| 1-Year Asset Growth | 2.88% | |||
| 5-Year Asset Growth | 12.24% | |||
| 5-Year Charge-Offs to Average Loans | 0.41% | |||
| Charge-Offs to Average Loans | 0.62% | |||
| Non-Performing Assets to Assets | 0.19% | |||
| Non-Performing Loans to Capital | 2.09% | |||
| Non-Performing Loans to Loans | 0.25% | |||
| Balance Sheet |
Launch Credit Union
Merritt Island, FL |
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| Total Assets | 1.44B | |||
| Total Deposits | 1.18B | |||
| Capital and Reserves |
Launch Credit Union
Merritt Island, FL |
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| Capital | 125.19M | |||
| Leverage Ratio | 8.73 | |||
| Loan Loss Reserves to Loans | 0.69% | |||
| Liquidity |
Launch Credit Union
Merritt Island, FL |
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| Hot Money Ratio | 13.77% | |||
| Liquidity Ratio | 23.33% | |||
| Profitability |
Launch Credit Union
Merritt Island, FL |
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| 5-Year Return on Average Assets | 0.41% | |||
| Net Income | 724.00K | |||
| Net Interest Spread | 4.54% | |||
| Operating Profit to Average Assets | 0.61% | |||
| Overhead Efficiency Ratio | 87.14% | |||
| Return on Assets | 0.20% | |||
| Return on Equity | 2.32% | |||